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Initialized Capital
Initialized Capital is a venture capital fund founded in 2011 and headquartered in San Francisco. It was founded by Alexis Ohanian, Harjeet Taggar, and Garry Tan. As of 2021, it has raised more than $3.2 billion in assets. Initialized Capital has 23 portfolio companies it invested in at seed that have since become unicorns, including Coinbase, Ro, Cruise Automation, Instacart, Flexport, Opendoor, Algolia, Goat Group, Rippling, Truepill, and CoinTracker. History Initialized raised $7 million in its first fund. In February 2012, it filed its Form D notice of exempt offering of securities. It raised $39 million in its second fund in August 2013. In 2013, Initialized Capital became an early investor in Coinbase, wiring the cryptocurrency app's founder Brian Armstrong $200,000. Garry Tan left Y Combinator in 2015 to focus on Initialized full time. On June 7, 2016, the firm announced a $100M target for its third fund and then closed $125 million. In late 2018, it raised a $225 m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opendoor
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US. History The company was founded in March 2014 by serial entrepreneurs Keith Rabois, Eric Wu, who previously founded Movity, a real-estate startup acquired by Trulia, and JD Ross, now a general partner at Atomic. After raising a $9.95m venture capital round led by Khosla Ventures in May 2014, the company began operations. In 2018, Opendoor raised $400m in funding from the SoftBank Group Vision Fund. In 2019, it raised $300m in a funding round led by General Atlantic. At the time, the enterprise valuation was $3.8b. In August 2019, Opendoor launched mortgage services throu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2011
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midas List
The ''Forbes'' Midas list is the annual ranking by ''Forbes'' magazine of the most influential and best-performing venture capital investors. Described by Kara Swisher as the "Oscars for venture capitalists in tech," the Midas List uses parameters that include the first-day market capitalization of IPOs and the opinions of a panel of experts. The name alludes to the mythological King Midas Midas (; grc-gre, Μίδας) was the name of a king in Phrygia with whom several myths became associated, as well as two later members of the Phrygian royal house. The most famous King Midas is popularly remembered in Greek mythology for his ..., renowned for his ability to turn anything he touched into gold. ''Forbes'' partnered with venture capital fund TrueBridge Capital Partners to create the list from 2011 to 2016. Midas List Top 30, 2022 According to ''Forbes'', the top 30 venture capitalists in 2022 are as follows: References {{Forbes Magazine Lists Venture capital Priv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohanian
Ohanyan or Ohanian ( hy, Օհանյան, Western Armenian Օհանեան) is a common Armenian surname. Ohanian *Alexis Ohanian (born 1983), American internet entrepreneur, activist and investor and co-founder of the social news website Reddit and more recently the husband of American female tennis player Serena Williams * Armen Ohanian (1887–1976), Armenian dancer, actress, writer, and translator * Lee E. Ohanian (born 1957), macroeconomist and university lecturer * Melik Ohanian (born 1969), French contemporary artist *Ovanes Ohanian (1896–1960), Armenian-Iranian filmmaker, inventor, founder, doctor, scientist * Raffi Ohanian (born 1989), Armenian singer, winner of 2009-2010 season of ''Hay Superstar'' *Vartine Ohanian (born 1984), Lebanese politician of Armenian descent Ohanyan *Seyran Ohanyan, (born 1962), Armenian politician and minister See also *Mike Connors Krekor Ohanian (August 15, 1925 – January 26, 2017), known professionally as Mike Connors, was an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Y Combinator
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Armstrong (businessman)
Brian Armstrong (born January 25, 1983) is an American business executive, billionaire and investor who is CEO of cryptocurrency platform Coinbase. He received media attention for his policy of keeping the workplace free of political activism. Early life and education Armstrong was born on January 25, 1983, near San Jose, California; both of his parents were engineers. During his years in high school he attended Bellarmine College Preparatory, a Catholic, all-male, private secondary school. Armstrong attended Rice University in Texas, and earned a dual bachelor's degree in economics and computer science in 2005, followed by a master's in computer science in 2006. While at Rice, he started a business matching tutors to students, and after graduating, spent a year in Buenos Aires while working for an education company. Career Armstrong's early career included working as a developer for IBM and consultant at Deloitte. In 2010, he came across the Bitcoin white paper published un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GOAT (platform)
GOAT is an American online platform offering sneakers, luxury apparel and accessories through primary and resale markets. Founded in 2015, GOAT has 50 million members and 1,000,000 sellers across 170 countries on its platform. History GOAT was founded by Eddy Lu and Daishin Sugano in July 2016 . Lu serves as the chief executive officer and co-founder, while Sugano holds the role of chief product officer and co-founder. Yunah Lee was appointed chief financial officer in 2017, Sen Sugano was appointed chief brand officer in 2019 and Matt Cohen was appointed chief revenue officer in 2021. Goat GOAT implements a “ship-to-verify” model that uses machine learning to verify the authenticity of the sneakers on its platform. In 2019, the platform expanded into new markets and categories to offer luxury and streetwear apparel and accessories in addition to secondhand products. GOAT has partnered with several luxury brands, including Versace, Chloe, and Bergdorf Goodman. In February 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Algolia
Algolia is a proprietary search engine offering, usable through the software as a service (SaaS) model. Company Algolia was founded in 2012 by Nicolas Dessaigne and Julien Lemoine, both originally from Paris, France. It was originally a company focused on offline search on mobile phones. Later it was selected to be part of Y Combinator's Winter 2014 class. Starting with two data centres in Europe and the US, Algolia opened a third centre in Singapore in March 2014, and as of 2019, claimed to be present in over 70 data centers across 16 worldwide regions. It serves roughly 11,000+ customers, handling 60 billion user queries per month. In May 2015, Algolia received $18.3M in a series A investment from a financial group led by Accel Partners, and in 2017 a $53M series B investment, also led by Accel Partners. From June 2016 to September 2019, the usage of Algolia by small websites increased from 632 to 5,168 in the "top 1 million websites" and 197 in the "top 10k websites" eval ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flexport
Flexport Inc. is an American multinational corporation that focuses on supply chain management and logistics, including order management, trade financing, insurance, freight forwarding and customs brokerage. The company is headquartered in San Francisco, California, has thousands of employees and has annual revenues of more than $3.3 billion. Business Flexport's software integrates and connects ERP data from various companies involved in a supply chain, which allows them to manage information about cargo and streamline freight processing. It has raised $304M as of 2017, including $110M in its latest Series C round. In a 2017 interview to ''Forbes'', Flexport's CEO Ryan Petersen said the company started opening their own warehouses for consolidating cargo customer shipments located in Hong Kong and L.A. with plans "to have a global network where we can load and unload cargo". In 2021, Flexport participated in seed round investment of Pakistan-based trucking startup Bridgelinx. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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